N-PORT filing recap · June 2026

What did Sequoia Fund buy in June 2026?

Reported stock-position changes between this filing and the previous one.

Stock value

$3.46B

Positions

Estimated turnover

11.0%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Period in review

Sequoia Fund exited Amentum Holdings, Charter Communications, Credit Acceptance, Meta Platforms, Liberty Capital, and Liberty Broadband during the period. It also slightly trimmed Alphabet while adding to Universal Music Group, ICON PLC, Bio-Techne, and SAP. Elevance Health and Sunbelt Rentals were reduced.

Increased positions

UMGUniversal Music Group NV$241.04Mreported value+1.12M shares+10.8%ICLRICON PLC$152.17Mreported value+244.8K shares+38.8%TECHBio-Techne Corp$97.90Mreported value+82.4K shares+6.3%SAPSap SE$69.95Mreported value+208.2K shares+84.8%

Reduced positions

GOOGLAlphabet Inc.$332.76Mreported value-60.0K shares-6.1%ELVElevance Health, Inc.$149.72Mreported value-145.3K shares-27.3%SUNBSunbelt Rentals Holdings, Inc.$122.48Mreported value-542.0K shares-24.9%

Exited positions

CACCCredit Acceptance Corp$30.17Mprior reported value-71.3K shares-100.0%METAMeta Platforms, Inc.$29.94Mprior reported value-52.3K shares-100.0%CHTRCharter Communications, Inc.$29.46Mprior reported value-136.5K shares-100.0%LBRDKLiberty Broadband Corporation$25.96Mprior reported value